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Small Business Optimism Begins Its Downswing

PYMNTS

are less optimistic about the national economy, with economic outlook dropping for the fourth month in a row, according to analysis from the National Federation of Independent Business (NFIB). Reports in the Wall Street Journal on Tuesday (Jan. 8) said entrepreneurs in the U.S. The NFIB’s optimism index dropped to 104.4

Michigan 168
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3 Ways Credit Union Are Driving Growth

Abrigo

According to the Credit Union National Association (CUNA) , credit unions had a record year in 2015, with 3.7 Joseph, a Michigan-based credit union, acquired Indiana-based Griffith Savings Bank. million new members bringing total membership to 102 million -- surpassing the 100 million-mark for the first time ever.

Michigan 150
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The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

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How community banks can help young homebuyers

Independent Banker

year-over-year increase in the first quarter of 2022, according to the National Association of Realtors (NAR). Source: 2022 Home Buyers and Sellers Generational Trends, National Association of Realtors. It’s a question of the supply of affordable properties that first-time homebuyers can get into and buy.”. Click to enlarge.

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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

The Bank, Old Second National Bank, lost a whopping $156 million in 2009 and 2010. Independent Bank Corporation (Nasdaq: IBCP) Independent Bank dates back to 1864 as the First National Bank of Iona. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2 How did they lose it?

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GonzoBanker Awards 2017

Gonzobanker

Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. Executioner’s Tax (Swing of the Ax) – Power Trip. Expect a lot more cross-breeding of deals between banks and credit unions in the years ahead. For the teary-eyed family values patriots.

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Survey: US Consumer Sentiment Continues To Improve

PYMNTS

consumers feel better about the economy than they have in six months, according to the latest data released by the University of Michigan. The gains were mainly due to a more optimistic outlook for the national economy," Richard Curtin, a University of Michigan economist who oversees the survey, said in a prepared statement.

Survey 191